Investors Catching Stocks: Red Hat, Inc. (NYSE:RHT)


Red Hat, Inc. (NYSE:RHT) reported its last earnings on Aug 16. The company will report its next earnings on Dec 15 – Dec 19 (Est.). The company reported the earnings of $0.55/Share in the last quarter where the estimated EPS by analysts was $0.54/share. The difference between the expected and actual EPS was $0.01/share, which represents an Earnings surprise of 1.9%.

Many analysts are providing their Estimated Earnings analysis for Red Hat, Inc. and for the current quarter 27 analysts have projected that the stock could give an Average Earnings estimate of $0.58/share. These analysts have also projected a Low Estimate of $0.56/share and a High Estimate of $0.58/share.

In case of Revenue Estimates, 24 analysts have provided their consensus Average Revenue Estimates for Red Hat, Inc. as 622.25 Million. According to these analysts, the Low Revenue Estimate for Red Hat, Inc. is 614.25 Million and the High Revenue Estimate is 706.1 Million. The company had Year Ago Sales of 523.58 Million.

These analysts also forecasted Growth Estimates for the Current Quarter for RHT to be 20.8%. They are projecting Next Quarter growth of 17.3%. For the next 5 years, Red Hat, Inc. is expecting Growth of 16.94% per annum, whereas in the past 5 years the growth was 14.7% per annum.

Some buy side analysts are also providing their Analysis on Red Hat, Inc., where 8 analysts have rated the stock as Strong buy, 16 analysts have given a Buy signal, 5 said it’s a HOLD, 1 reported it as Underperform and 0 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)

When it comes to the Analysis of a Stock, Price Target plays a vital role. 29 Analysts reported that the Price Target for Red Hat, Inc. might touch $110 high while the Average Price Target and Low price Target is $89.38 and $75 respectively.

To analyze a stock, one should look for Upgrades and Downgrades of a stock. Red Hat, Inc. got Downgrade on 7-Jul-16 where investment firm Morgan Stanley Downgrade the stock from Overweight to Equal-Weight.

Red Hat, Inc. closed its last trading session at $77.8 with the gain of 0.24%. The Market Capitalization of the company stands at 14.27 Billion. The Company has 52-week high of $84.44 and 52-week low of $59.59. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is 0.66% where SMA50 and SMA200 are 3.44% and 5.72% respectively. The Company Touched its 52-Week High on Dec 30, 2015 and 52-Week Low on Feb 8, 2016.

The Relative Volume of the company is 0.77 and Average Volume (3 months) is 1.58 million. Red Hat, Inc. P/E (price to earnings) ratio is 65.48 and Forward P/E ratio of 29.7.

The company shows its Return on Assets (ROA) value of 5.4%. The Return on Equity (ROE) value stands at 16.4%. While it’s Return on Investment (ROI) value is 10.3%.

While looking at the Stock’s Performance, Red Hat, Inc. currently shows a Weekly Performance of -2.76%, where Monthly Performance is 7.96%, Quarterly performance is 5.52%, 6 Months performance is 7.41% and yearly performance percentage is 1.97%. Year to Date performance value (YTD perf) value is -5.82%. The Stock currently has a Weekly Volatility of 1.24% and Monthly Volatility of 1.70%.